Interact Analysis reduced its forecast for the global mobile robot market by 18% in 2027 due to a series of macroeconomic factors it said are impacting demand. This challenging climate has resulted in manufacturers and retailers slowing their investment into automation, and the research firm no longer expects a rapid uptick in AMR deployments before 2027.
In its latest report, Interact Analysis outlines:
- How governments have struggled in the aftermath of the pandemic
- How the retail industry is still going through a post-Covid correction
- Why China’s economy is weaker than expected
- How automotive has been hit by slow uptake of electric vehicles
Interact Analysis said that these external factors, coupled with 60 countries holding elections in 2024 and conflict in Ukraine and the Middle East, have constrained demand for mobile robots. Price declines are also slower than forecast, which has in turn slowed uptake, according to Interact Analysis.
Despite its more cautious forecast, the outlook for 2030 is still for double-digit …